On September 16, 1956, in Metuchen, New Jersey, David Seth Kotkin – popularly known as David Copperfield – was born. He started practicing magic and ventriloquism at a young age and became the “Davino the Boy Magician” around his neighborhood at just 10 years old. He then became the youngest person ever to be admitted to the Society of American Magicians at only 12 years old. Four years later, he started teaching a magic course at New York University.
Copperfield created and performed his now-famous stage show “Magic of David Copperfield” at Honolulu’s Pagoda Hotel when he was just 19 years old back in 1977. Since then, he has continued to captivate audiences globally with his awe-inspiring illusions that make even the Statue of Liberty disappear or walk through the Great Wall of China.
| Person Name: | David Copperfield |
|---|---|
| Net Worth: | $1 billion |
| Date of Birth: | September 16, 1956 |
| Place of Birth: | Metuchen, New Jersey |
| Gender: | Male |
| Profession: | Magician and Businessman |
Copperfield is well-known for not only his incredible illusions but also his philanthropic works. In Las Vegas, Nevada, he founded The International Museum and Library of Conjuring Arts dedicated to preserving magic history and art containing more than 150k items with valuable memorabilia from Harry Houdini, Georges Melies, and Robert Houdin.
David Copperfield: The Illusionist with Impressive Net Worth and Real Estate Portfolio
Outside of magic circles, Copperfield is notably one of the world’s wealthiest magicians with a net worth of $1 billion according to Forbes magazine as of May 31st, this year (2023). Copperfield’s income comes primarily from performing over 515 shows annually at MGM Grand in Las Vegas where he personally pays staff salaries amidst the COVID-19 crisis in 2020 when the city shut down.
Apart from his list of accomplishments as a magician extraordinaire and an altruistic individual, Copperfield has also established himself as an astute businessman with investments beyond entertainment such as real estate acquisition. His real estate portfolio alone is reportedly worth $200-300 million including his eleven islands in the Bahamas, an ultra-exclusive resort that costs up to $50k/night to rent (with a minimum stay of four nights), an $18 million mansion in Nevada, and a four-floor apartment valued at $60 million in New York City.
Copperfield has won numerous accolades such as Magician of Century/Millennium/King of Magic claimed by fans worldwide; received U.S Library’s Living Legend Award given in recognition for lifetime achievements; and was knighted by France becoming first magician to be recognized as Chevalier des Arts et des Lettres (Knight). As a supporter of Project Magic, he founded a rehabilitation program that uses magic as therapy for those with physical, psychological, and social disabilities.
Conclusion
David Copperfield’s net worth of $1 billion makes him one of the wealthiest celebrities on the planet. He owes his fortune not just to his highly successful career as a magician but also to his real estate investments. His impressive real estate portfolio reportedly includes lavish properties across the US and even multiple islands in the Bahamas. In addition, he is known for his philanthropic work and has founded Project Magic, a rehabilitation program that uses magic as therapy for those with disabilities. David Copperfield’s contributions to magic have earned him several prestigious awards like Magician of Century/Millennium/King of Magic and U.S Library’s Living Legend Award, amongst others.
